CLEAN : Ukraine nationalises country's largest bank

The video discusses the expected economic decline in Ukraine from 2014 to 2016, where the economy shrank by nearly 18%. This downturn led to significant challenges, including the devaluation of the Ukrainian hryvnia, which lost two-thirds of its value, severely impacting banking portfolios. Private Bank emerged as a key player in the Ukrainian banking system due to its size and widespread presence in the economy.

What was the percentage decline in the Ukrainian economy between 2014 and 2016?

• 30%

• 18%

• 25%

• 10%

How much value did the Ukrainian hryvnia lose during the economic crisis?

• Two-thirds

• Half

• One-third

• Three-quarters

What was a significant consequence of the hryvnia's devaluation on the banking sector?

• Rise in interest rates

• Improved banking portfolios

• Severe impact on financial stability

• Increased foreign investments

Which bank was the leading bank in Ukraine during the economic crisis?

• UkrSibbank

• National Bank of Ukraine

• Raiffeisen Bank Aval

• Private Bank

What was one of the main reasons for Private Bank's dominance in the Ukrainian banking system?

• High interest rates

• Government support

• International investments

• Its size and widespread presence